Myth of Meritocracy Part 1

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Meritocracy is a myth, and a lot of it is given by luck.

This is basically “rigged.”


Luck

A bubble chart here is an example of meritocracy being based more on luck than skill:

A lot of times, you are born with what you have, and this is based on luck, not on effort at all. For example, being in a low-income family means that your opportunities, status, and wealth are low. Still, if you were born into a family where your parents are lawyers and rich, they have higher wealth and more opportunities than you can get.


History

Meritocracy took off back in the 1950s due to the inept wealthy aristocracy.

To increase social mobility for the people, reformers decided that society must offer talent opportunities to combine with effort.

Though minorities, such as black students, were given less access to resources, were segregated, and were schooled in sub-standard buildings.

Society embraces merit to unlock the American Dream.


Resources

Being outside of the elite, hard work will not be enough.

Meritocrats spend resources to train their kids.

“If you go to the average public school in America today, probably about $12,000 to $15,000 a year is spent on educating you per child. If you go to one of the “Forbes” top 20 private schools, probably about $75,000 is spent per child per year on educating kids.”


Relating to Meritocracy

  • Luck is involved in a lot of meritocracy, such as being born with wealthy parents
  • Resources are given typically to students with more inherited wealth, giving them a huge advantage
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